It was a banner year for residential home sales in Niagara. The year-end MLS® sales reports of the Niagara Association of REALTORS® indicate that sales activity in the Region jumped 16.8% in 2015.
Across Niagara (excluding the Town of Grimsby) there were 7370 homes sold during 2015 compared to 6309 in 2014. The current level of activity reflects a whopping 25.1% increase over the total of 5891 home sales reported in 2013.
By year-end the Niagara 12-month average sale price reached $$274,185 up 8.5 % from the figure of $252,669 recorded at the end of December 2014.